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Tag: Erdogan calls for rate cuts

UPDATE (TL slump) CBRT cuts interest rates by 100 basis points
Categories Economy Finance HIGHLIGHTS Politics

UPDATE (TL slump) CBRT cuts interest rates by 100 basis points

Cem CetingucPosted on16 December, 202117 December, 2021

AP: Turkish lira dips to new low after another interest rate cut The Turkish lira hit … Continue ReadingUPDATE (TL slump) CBRT cuts interest rates by 100 basis points

Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis
Categories Business Economy HIGHLIGHTS

Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis

Cem CetingucPosted on9 December, 2021

The country’s currency, the lira, has lost almost half its value against the dollar so … Continue ReadingApparel exports boom while retailers fight for survival amid Turkey’s economic crisis

Macro Focus | CBRT: Expected cut with delayed announcement
Categories General

Macro Focus | CBRT: Expected cut with delayed announcement

Cem CetingucPosted on22 November, 2021

CBRT cut the policy rate by 100bps to 15%, as expected. The announcement was made with … Continue ReadingMacro Focus | CBRT: Expected cut with delayed announcement

Erdogan calls for lower rates again ahead of the central bank decision meeting
Categories Economy HIGHLIGHTS

Erdogan calls for lower rates again ahead of the central bank decision meeting

Güldem AtabayPosted on17 November, 2021

Speaking at the AKP’s Group Meeting, President Erdogan said he would continue fighting for lower … Continue ReadingErdogan calls for lower rates again ahead of the central bank decision meeting

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